Closing Bell: Drop in T-Bill yields pushes Benchmark Index up by 503 points

October10, 2019 (MNL): The KSE-100 Index gained another 503.96 points at the end of trading session today and closed at 34,027 level. Market participation for the 100 index increased due to drop in cut-off yields in T-Bills yesterday.

The Index remained positive throughout the session touching an intraday high of 34,048.44

Of the 96 traded companies in the KSE100 Index 73 closed up 20 closed down, while 3 remained unchanged. Total volume traded for the index was 185.49 million shares.

Sectors propping up the index were Commercial Banks with 115 points, Oil & Gas Exploration Companies with 74 points, Cement with 58 points, Power Generation & Distribution with 40 points and Tobacco with 31 points.

The most points added to the index was by LUCK which contributed 41 points followed by UBL with 32 points, HBL with 31 points, PAKT with 31 points and HUBC with 30 points.

Sector wise, the index was let down by Paper & Board and Close – End Mutual Fund with 1 point each.

The most points taken off the index was by BAFL which stripped the index of 13 points followed by EFERT with 7 points, JLICL with 5 points, PPL with 3 points and IGIHL with 2 points.

All Share Volume increased by 23.88 Million to 261.56 Million Shares. Market Cap increased by Rs.103.26 Billion.

Total companies traded were 400 compared to 379 from the previous session. Of the scrips traded 247 closed up, 132 closed down while 21 remained unchanged.

Total trades increased by 3,590 to 80,260.

Value Traded increased by 2.06 Billion to Rs.8.46 Billion


Top Ten by Volume

Lotte Chemical Pakistan26,796,500
Pakistan International Bulk Terminal17,269,000
Unity Foods15,078,500
Engro Polymer & Chemicals10,030,000
TRG Pakistan8,675,000
Worldcall Telecom7,373,000
Dewan Cement7,175,500
Pakistan International Airlines Corp6,023,000
International Steels5,889,500



Top Sector by Volume

Commercial Banks24,594,100
Technology & Communication20,697,500
Power Generation & Distribution19,414,000
Vanaspati & Allied Industries15,081,500
Oil & Gas Marketing Companies8,129,700
Food & Personal Care Products7,683,860



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Posted on: 2019-10-10T17:51:00+05:00